6538 PINE SUMMIT Drive
About This Property
Welcome to this charming 1955 ranch-style home located in the heart of Arlington! Nestled on a spacious lot with vibrant landscaping, this well-maintained gem offers excellent curb appeal and a welcoming front porch. Step inside to discover a bright and airy living room featuring rich hardwood flooring and large windows that flood the space with natural light. A spacious flex room provides versatility, ideal for a home office, study, or playroom.
The dining area flows seamlessly into the kitchen, which offers ample cabinet space, black appliances (range, microwave, dishwasher), and a stainless steel refrigerator. Just off the kitchen, you'll find a lovely sunroom, perfect for morning coffee or casual lounging.
This home features generously sized bedrooms and beautifully updated bathrooms, along with an inside laundry area that includes a washer & dryer. Step outside to enjoy the expansive backyard, ideal for gardening, entertaining, or simply relaxing in the sun.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 15, 2026 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$258,000
↓ $4K
(1.5%) | |
| Price Decreased | |||
| Sep 26, 2025 | Price Decreased |
$262,000
↓ $7K
(2.6%) | |
| Price Decreased | |||
| Aug 4, 2025 | Price Decreased |
$269,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017